Purchasing Quotes
While NAMIC agrees that there needs to be additional reform to the NFIP, we do not believe that these reforms should stand in the way of Congress passing the additional borrowing authority that the NFIP has requested. NAMIC believes that we must take care of those homeowners who did the right thing by purchasing flood insurance, and we must do so immediately.
- David Winston
What's significant in these figures is the stock holdings have increased substantially and the bond position is down. We continue to see evidence that Bob Stansky is reshaping his portfolio by purchasing blue chip companies with outstanding growth characteristics. He is using existing cash reserves, proceeds from bond sales and revitalized inflows.
- Don Dion
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